Avoid the scams, find out which Business Opportunities actually work
April 6, 2011
Filed under: Direct Mail, General Opportunities, Warning — Ben @ 8:06 pm

It has been difficult to keep a straight face this week whilst watching the pretty ridiculous goings-on of a big, well-known business opportunity publisher.

This company – which here I’ll call “ABCD” - have built a reputation over the years of always offering a no nonsense, no questions asked money back guarantee on all of their products.

And they’ve been very successful.

Several years ago they sold a very expensive financial trading product and brought in millions of pounds in orders. It set of a bit of a trend.

There have been many other manuals, newsletters and courses over the years. Some good, some poor but each one with a solid money back guarantee.

For some reason ABCD have recently released a brand new product with one of those “mystery” opp sales letters. This is where the promotional letter gives very few details about what the opportunity involves.

The buyers still ordered – many who were probably previous customers and trusted ABCD with their money, assuming that they’d be able to get their money back without any fuss if it turned out to be a poor product.

Some found the product to be poor and sent it back to request a refund.

Here’s where it got silly.

ABCD apparently aren’t issuing refunds without a fight, claiming that the guarantee only applies if the product “doesn’t work”.

As you can imagine, this has enraged the buyers who have been refused refunds.

Of course in this day and age it is easy to find other people who aren’t happy with a product. All you need to do is go to a business opportunity forum or a review site that allows comments.

So that’s what the buyers did, congregated on forums and blogs, discussing the way they’d been treated by ABCD.

And the discussions went on with each comparing the various silly excuses they’d been given why they couldn’t have a refund.

Until…

ABCD appeared to get their lawyers involved.

Yes, ABCD have allegedly been issuing threats to the forum and blog owners about these supposed “defamatory” remarks about this new product.

The discussions have now been severely edited.

One forum owner has even stated that the forum will shortly be removed because he is tired of being threatened and of having to moderate the posts.

All in all it’s farcical.

The internet has been a blessing for consumers as it can be used to compare products and give reviews and warnings to others.

Biz opp publishers who want to write “blind” sales letters – letters where the opportunity isn’t outlined – no longer have the advantage they used to because the subject of their product is now revealed quickly.

And that’s a good thing.

10 years ago this wasn’t possible but now if you can’t figure out what a sales letter is saying you can simply wait a week or so and someone will review it online.

In this case ABCD, instead of creating a good product with a reasonable no-risk guarantee, are refusing refunds to unhappy buyers.

And they are damaging their reputation at the same time.

So instead of simply pacifying customers by giving them their money back, they appear to send legal threats to any website owners who carry unfavourable reviews of their products.

There are rumours that ABCD are having financial issues. Maybe this is true, maybe not, there doesn’t seem to be any evidence.

However, behaviour like this i.e. desperately holding on to customers’ cash when they aren’t happy, certainly makes it look like something is very wrong.

July 10, 2009
Filed under: Direct Mail, Internet Marketing, Seminars — Ben @ 8:23 am

I still remember the first time I was really sucked in by a sales letter.

It was in 2003 when I got a mailing I’d requested from Vince Stanzione for his spread betting course.

I received a large envelope full of sales material and read it over and over again. After a week or so I sent off the money (£297) for the course and looked forward to receiving my new product.

The sales letter had certainly done its job. It had sold me superbly and coaxed me into spending more than I ever imagined I would on a home study course.

That whole experience led me into the business opportunity world and resulted in the creation of this blog and my main review site, BizOppsUK.com.

In the 6 years since I read that first mailing piece, I have read hundreds of sales letters.

Most have been mediocre, some terrible and a select few have been excellent. However, in many of these sales letters there has been one common theme - the copywriter exaggerating the truth somewhat.

Plenty of sales letters contain a story to hook the reader in and I guess you could say that some copywriters, as my friend Sam would say, “don’t let the truth get in the way of a good story“.

I was reminded of this a couple of weeks ago after viewing a website for a Clickbank product, a successful one, which had been created by somebody who I often see at seminars. He’s a great bloke and we tend to catch up over a few beers each time we bump into each other.

This sales letter was telling the story about how my seminar friend had become a successful internet marketer.

Apparently, after listening attentively at a seminar a couple of years ago, he found a secret group having a mastermind session and gatecrashed their little gathering. After that meeting he had all the knowledge he needed to get started on his way to becoming a marketing superstar.

A great story, no doubt, but slightly different to the version of events that I recall.

My recollection of that seminar was that this particular fella was usually found sat on the back row with myself and several other semi-successful marketers, watching (and picking holes in) the various presentations and pitches (taking the mickey, basically).

When we weren’t in the seminar room for the scheduled presentations, we were at the bar.

The only “mastermind” session that I remember from that particular seminar was the downing of shots at the bar and the drunken arguments in the smoking area.

Perhaps the most successful marketer who was there (one who you would imagine would be in a mastermind group) was more interested in drinking than masterminding and we usually found him slumped over the bar come breakfast time. I don’t think he surfaced from his room unless there were other marketers at the bar.

Don’t get me wrong, the Clickbank vendor telling the story is successful and well worth listening to, but the events were slightly different to the professional sheen he put on the story in the sales letter.

The other story that didn’t quite ring true got me into a bit of trouble with one successful UK marketer.

This particular fella had written a story about a chance meeting with a millionaire who then basically taught him everything he knew.

Unfortunately in my review of this marketer I told a different version of events - one I had gleaned from a talk the marketer gave at one of his seminars.

At the seminar he said that he had been chasing the dream for years, attending lots of different events and paying for all kinds of mentoring packages when one day it just ‘clicked’. In the sales letter he told this completely different story that clashed with the truth, as I understood it.

Obviously this caused problems. Customers would see his sales letter, decide to do some research and come across my site. On my site I told a different story (don’t forget, the one he told in front of a camera i.e. a primary source) and so these customers became confused and confronted him.

The first I knew of it was when I received an email basically saying “what the &%#@! Please take that stuff down ASAP you’re confusing my customers!

So much for the down-to-earth, honest, ex-minimum wage slave!

Of course, telling lies in a sales letter can get you into a lot of trouble if you step over the line.

Adding a couple of little white lies to a sales letter is usually considered fine, probably to be expected but once you start creating fake Clickbank screenshots or faking testimonials then you’re into fraud territory.

Sadly I’ve seen plenty of those types of sales letters too and I’m sure they’ll keep on coming…

January 7, 2009
Filed under: Direct Mail, General Opportunities, Internet Marketing — Ben @ 5:17 pm

Can someone explain this to me because I can’t understand how this can benefit me…

Late 2006 I sign up for a printed newsletter which gets good reviews. It’s a yearly subscription, priced at (for arguement’s sake) $127 per year.

2007 I renew, again paying $127 for a full year.

Fast forward to late 2008 and I receive a subscription request letter saying:

“The current monthly membership fee is $24.95 per month however… [as you are already a member]… your membership is kept at the original low level of $19.95 [per month]”

Erm, no, that’s not quite right.

My YEARLY fee is $127 - why would I want to pay $19.95 a month? That’s almost TWICE what I pay now!

I would prefer it if the person(s) in question were upfront about wanting to increase the price - but to try and make out I am getting a good deal by signing up again at double the price doesn’t make sense.

So, no thanks, I’ll leave it I think.

May 22, 2008
Filed under: Direct Mail, General Opportunities, Internet Marketing — Ben @ 2:51 pm

Question time…

What do these 5 alleged millionaire marketers have in common?

Edmund Baker
Jeremy Gardener
Jeremy Taylor
Michael Milligan
Raymond Whittaker

No need for answers on a postcard but I’d be interested to hear your answers in the comments section below.

January 26, 2008
Filed under: Direct Mail, Internet Marketing, Special Deals — Ben @ 2:35 pm

If there’s one thing that stops a lot of marketers from selling a lot of product - it’s the fact they don’t have a good sales letter.

Even if they have a superb product - a huge seminar package on DVD for example - it’s very hard to make any sales without a good sales letter.

So, up step Dan Lok and Ewen Chia.

They have put together a superb resource containing loads of extremely successful sales letters.

A private collection of winning ads and salesletters

So, instead of sitting there struggling for words to use, you adapt proven copy from these successful adverts.

It’s the missing link for people who are struggling with their sales copy!

Until Sunday it’s available for a knock-down price in the Weekend Super Deal:

http://www.WeekendSuperDeal.com

BUT, don’t purchase without using the following code:

A4SPS9

That particular code will give you an even bigger discount so make sure you use it!

Have a great weekend,

Ben

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